PDS LIFESTYLE LIMITED

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

IFRS

Reporting scope

Consolidated group

Auditor

UHY Hacker Young LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statement, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Groups' and the Parent Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. PDS LIFESTYLE LIMITED · parent
   1. New Lobster Limited 100% · United Kingdom

Significant events

• “Revenue for the period was £44.6m (2024: £48.7m for the 11 months), with a pre-tax loss of £2.2m (2024: profit of £2.6m).”
• “the non-related UK retail business, which operated the tedbaker.com website and standalone retail stores, entered administration in April 2024, followed by the US retail partner filing for bankruptcy in June 2024. These developments not only disrupted two of New Lobster's major revenue streams, but also led to a flood of heavily discounted stock in the marketplace, resulting in reduced demand from wholesale partners and a sharp contraction in both current and forward orders.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

7

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  -8.5%

  £48,701,950 → £44,562,201

• Cash

  +6.4%

  £1,232,218 → £1,311,584

• Net assets

  -514.8%

  £345,632 → -£1,433,806

• Employees

  -31.2%

  141 → 97

• Operating profit

  -444.5%

  £1,422,517 → -£4,900,959

• Profit before tax

  -183.6%

  £2,632,038 → -£2,200,160

• Wages

  +20.9%

  £5,320,470 → £6,431,215

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers